Strip revenue still down.

[nutforslots]

The Las Vegas Stip is reporting an 11% drop in revenue for july. This is the nineteenth straight month that they have seen losses.

This isn't real good news for the state as revenues related to gambling aren't bringing in the usual taxes.

The tax collected from the gaming casinos for the last two months totaled $102.9 million, down 7.2 percent. The Economic Forum predicted a growth this year of about 4 percent. Streshley said, however, he thinks there will be some rebound in the second half of this fiscal year.

Many of the casinos have taken out the nickle machines and replaced them with penny machines in hopes of gaining some players. People are just holding on to there money right now due to the hard economic times that we are in.

The future may see things picking up. I certainly hope so as it just wouldn't be the same without Vegas baby.

[Eyeofngt]

It is a shame that it has all come to this. It seems to me that it should pick up with people trying to find a way to get money to pay thier debts. Wonder why our government let it get this way. You know they had to see it coming long before it hit. They always keep things from us till they have to tell us. We need to pay more attention to the people we put in office.